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Read through the most famous quotes by topic #probability
There is no such thing as political science, but there are tenancies so strong that they might as well be called laws of nature. ↗
It's not about the pace, it's about the direction we've set. The pace is of course a function of many factors, including the magnitude of the supply shock. But what's probably more important is the probability of the supply shock translating into sustainable embedded inflation. ↗
We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information. ↗
In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems. ↗
#concentrated #crises #financial #financial crises #financial system
It would be so weird if we knew just as much as we needed to know to answer all the questions of the universe. Wouldn't that be freaky? Whereas the probability is high that there is a vast reality that we have no way to perceive, that's actually bearing down on us now and influencing everything. ↗
#answer #bearing #down #everything #freaky
